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- Tasks: Drive meaningful change by improving processes and enhancing controls across diverse teams.
- Company: Join Legal & General, a leading UK financial services group with a global impact.
- Benefits: Enjoy a competitive salary, generous holiday, private medical insurance, and flexible working options.
- Why this job: Make a real impact while collaborating with talented professionals in a dynamic environment.
- Qualifications: Qualified Life Actuary or equivalent experience with strong analytical and problem-solving skills.
- Other info: Be part of an inclusive culture that values your career development and wellbeing.
The predicted salary is between 36000 - 60000 £ per year.
Legal & General (L&G) is a leading UK financial services group and major global investor. We’ve been safeguarding people’s financial futures since 1836, and strive to build a better society, while improving the lives of our customers and creating value for shareholders. We are one of the world’s largest asset managers and provide powerful asset origination capabilities. Together, these underpin our retirement and protection solutions: we are an international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income. Our Group Functions provide the services that all areas of the business need. This requires a talented and diverse team behind the scenes, who enable everyone at L&G to do what they do best. Joining us means helping to improve the lives of our customers and contributing to the success of the business every day.
We’re looking for a Transformation Actuary to join our Group Finance function and help drive meaningful change across L&G. In this role you will work as an internal consultant, partnering with a wide range of teams to improve processes, enhance controls and evolve our modelling capability. If you enjoy solving complex problems, shaping better ways of working and collaborating across diverse stakeholder groups, this is an excellent opportunity to make a real impact. This is a hybrid working opportunity that will allow you to work flexibly between your home and our Central London Offices, to find a work-life balance that works for you. As this role has come about due to Maternity Leave, it is only available on a 12 Month Fixed Term Contract basis.
What you’ll be doing:
- Identifying, developing and implementing innovative solutions that meet both the regulatory and commercial needs of the business
- Supporting the development and enhancement of actuarial models and tools using relevant coding and technical skills
- Collaborating with stakeholders to analyse existing controls, assess issues and take recommended solutions through delivery into implementation
- Improving processes, undertaking root-cause analysis to assess barriers to process efficiency and identifying optimal solutions
- Working closely with Finance Transformation colleagues to deliver agreed changes in a timely manner
- Managing stakeholder relationships through proactive communication and clear explanation of process or procedural changes
- Engaging with teams across Group Finance to influence continuous improvement and support transformation priorities, whilst also ensuring that proposed changes meet their expectations
- Ensuring appropriate processes, systems and controls are in place to support Treating Customers Fairly requirements
Qualifications:
- Qualified Life Actuary or equivalent relevant experience (e.g. Actuarial Model/Systems Developer)
- Demonstrable knowledge of Assets & UK Pension Scheme liabilities, IFRS & Solvency II Reporting metrics and Risk & Regulatory requirements
- Strong analytical and problem‑solving skills to assess issues and develop effective solutions
- Ability to communicate clearly and confidently with a wide range of stakeholders, adapting style to different audiences
- Ability to influence and collaborate effectively across teams by building and maintaining strong relationships
- Experience in process and controls analysis with a track record of delivering required improvements
- Ability to learn modelling and data tools such as VBA, R or PowerBI
- A proactive, flexible approach and the ability to work effectively in a changing environment
Benefits:
- A competitive salary
- The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes
- Generous pension contribution
- Life assurance
- Private medical insurance
- 27 days holiday, plus public holidays. There’s also the option to buy and sell holiday
- Competitive family leave
- Participate in our electric car scheme, which offers employees to hire a brand-new electric car through tax efficient salary sacrifice
- Discounts on our products and at a range of high street stores and online
- In 2023, some of our workspaces were redesigned. Our offices are spaces to connect and collaborate with wellbeing at the heart
Additional Information:
At L&G, we believe it’s possible to generate positive returns today while helping to build a better future for all. If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel. We care about flexible working options, including part-time, term-time and job shares. Some roles have limited flexibility due to customer demand, but we accommodate requests when we can. It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.
Transformation Actuary - 12 Month Fixed Term Contract employer: Legal & General
Contact Detail:
Legal & General Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Transformation Actuary - 12 Month Fixed Term Contract
✨Tip Number 1
Network like a pro! Reach out to current or former employees at L&G on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by understanding L&G's values and recent projects. Show us that you’re not just another candidate; you’re genuinely interested in how you can contribute to their mission of improving lives.
✨Tip Number 3
Practice your problem-solving skills! Since the role involves tackling complex issues, be ready to discuss how you've approached similar challenges in the past. We want to see your analytical side in action!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team at L&G.
We think you need these skills to ace Transformation Actuary - 12 Month Fixed Term Contract
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Transformation Actuary role. Highlight your relevant experience and skills that align with what we’re looking for, especially in process improvement and stakeholder collaboration.
Showcase Your Problem-Solving Skills: We love candidates who can tackle complex issues! Use specific examples in your application to demonstrate how you've successfully solved problems in the past, particularly in actuarial contexts or similar environments.
Be Clear and Concise: When writing your application, keep it straightforward. We appreciate clarity, so avoid jargon and make sure your points are easy to understand. This will help us see your communication skills right from the start!
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Legal & General
✨Know Your Stuff
Make sure you brush up on your knowledge of actuarial models, UK pension schemes, and relevant regulations like IFRS and Solvency II. Being able to discuss these topics confidently will show that you're not just a candidate, but a knowledgeable partner who can contribute to the team.
✨Showcase Your Problem-Solving Skills
Prepare examples of how you've tackled complex problems in the past. Think about specific situations where you identified issues, developed solutions, and implemented changes. This will demonstrate your analytical skills and ability to drive meaningful change, which is key for the Transformation Actuary role.
✨Communicate Like a Pro
Practice explaining technical concepts in simple terms. You'll need to communicate with a variety of stakeholders, so being able to adapt your communication style is crucial. Consider doing mock interviews with friends or family to refine your approach.
✨Build Relationships
Think about how you can establish rapport with different teams. During the interview, express your enthusiasm for collaboration and share examples of how you've successfully worked with diverse groups in the past. This will highlight your ability to influence and engage with others effectively.
